Tin Export from Indonesia Plummets

Industrial Metals

Bloomberg reported Indonesia saw a 64% plunge in tin exports this quarter as rain and wind prevented mines from operation.

Bloomberg reported Indonesia saw a 64% plunge in tin exports this quarter as rain and wind prevented mines from operation.

As quoted in the market news:

Exports dropped to 5,380 metric tons from 15,103 tons in December, Toto Rusbianto, head of mining exports at the Trade Ministry, said in a mobile-phone text message today. Sales were 7,335 tons in January last year.

Click here to read the full Bloomberg report.

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